Interaction of the trilacunary Keggin polyanions [A-α-XW9O34](10-) (X = Si(IV), Ge(IV)) with Co(II) and phosphate ions in aqueous, basic media and under mild heating leads to the formation of the tetrameric, Co16-containing heteropolytungstates [{Co4(OH)3PO4}4(A-α-XW9O34)4](32-) (X = Si(IV), Ge(IV)). Both polyanions were characterized in the solid state by single-crystal X-ray diffraction, IR spectroscopy, and thermogravimetric and elemental analyses. Furthermore, the electrochemical and magnetic properties of these isostructural polyanions were investigated.